Photo via Saddleback
(Disclosure: Rose Law Group represents Lennar and Taylor Morrison.)
By Angela Gonzales | Phoenix Business Journal
Austin-based Castle Hill Partners is kicking off home sales at Saddleback, its new $1 billion, 5,300-acre master-planned community in northwest Peoria. The first two homebuilders to build the first 572 homes at Saddleback are Miami-based Lennar Corp. (NYSE: LEN) and Scottsdale-based Taylor Morrison Home Corp. (NYSE: TMHC)
Taylor Morrison has six model homes ranging between 1,575 and 3,877 square feet for homes priced from the mid-$400,000s to the mid $600,000s. In August, Lennar will introduce its model homes at Saddleback, with plans to build 289 homes ranging between 1,830 and 3,253 square feet.
